EXCLUSIVE: Revolving door governance board has conducted one investigation in nearly two years
The board is responsible for monitoring and implementing the revolving door policy
Company sees €150k FIAU fine slashed to €30k by Appeals Court
However, the court did uphold all decisions taken by the FIAU's compliance Monitoring Committee
Belgian authorities shut Kinder factory over Salmonella concerns
The factory is suspected to be behind a wave of Salmonella cases in EU countries, the UK and the US
Consultancy firm slapped with €61k FIAU fine for AML/CFT breaches
A number of breaches were found in BDO Consult's operations
FIAU slaps financial services provider with €94,000 fine for anti-money laundering failure
N Trust was found to have breached a number of regulations
UBO should never become a mere ‘box-ticking exercise’ – MFSA
MFSA deputy head of conduct supervision Petra Camilleri on the importance of challenging complex corporate structures
On 10th December, the Malta Financial Services Authority fined 15 companies a total of €44,575
This Christmas Eve, it slapped Insignia cards with a whopping €142,000 fine
MFSA adds sustainable finance to official 2022 supervisory priorities
It has also established two horizontal priorities: monitoring impacts of COVID-19 & conduct of business – consumer protection
MFSA marks three years since the launch of the ‘ground-breaking’ VFA Framework
Since its launch, the MFSA has registered 23 agents, two whitepapers and authorised 15 VFA service providers
Transport Authority to be broken up into independent authorities for land, maritime and aviation
The de-merged authorities should be in a better position to respond to the transport sector’s dynamic state
MFSA appoints Joseph Gavin as new Chief Executive Officer
He takes over from Christopher Buttigieg who had occupied the post ad interim
MFSA to improve authorisation process for financial professionals
Revised process includes centralised web platform, new forms and guidelines, and a commitment to established timeframes
MFSA Financial Crime Compliance Head toasts improvements in AML/CFT control framework
AML/CFT full-scope examination capacity increased from 25 in 2019 to 81 in 2020
EU co-legislators reach agreement on country-by-country reporting by multinationals
'Aggressive' tax planning and avoidance is thought to deprive the EU of more than €50 billion annually
Malta’s AML/CFT regulations updated with changes to FIAU fine structure
The new rules follow court challenges to imposed penalties
EXCLUSIVE: Revolving door governance board has conducted one investigation in nearly two years
The board is responsible for monitoring and implementing the revolving door policy
Company sees €150k FIAU fine slashed to €30k by Appeals Court
However, the court did uphold all decisions taken by the FIAU's compliance Monitoring Committee
Belgian authorities shut Kinder factory over Salmonella concerns
The factory is suspected to be behind a wave of Salmonella cases in EU countries, the UK and the US
Consultancy firm slapped with €61k FIAU fine for AML/CFT breaches
A number of breaches were found in BDO Consult's operations
FIAU slaps financial services provider with €94,000 fine for anti-money laundering failure
N Trust was found to have breached a number of regulations
UBO should never become a mere ‘box-ticking exercise’ – MFSA
MFSA deputy head of conduct supervision Petra Camilleri on the importance of challenging complex corporate structures
On 10th December, the Malta Financial Services Authority fined 15 companies a total of €44,575
This Christmas Eve, it slapped Insignia cards with a whopping €142,000 fine
MFSA adds sustainable finance to official 2022 supervisory priorities
It has also established two horizontal priorities: monitoring impacts of COVID-19 & conduct of business – consumer protection
MFSA marks three years since the launch of the ‘ground-breaking’ VFA Framework
Since its launch, the MFSA has registered 23 agents, two whitepapers and authorised 15 VFA service providers
Transport Authority to be broken up into independent authorities for land, maritime and aviation
The de-merged authorities should be in a better position to respond to the transport sector’s dynamic state
MFSA appoints Joseph Gavin as new Chief Executive Officer
He takes over from Christopher Buttigieg who had occupied the post ad interim
MFSA to improve authorisation process for financial professionals
Revised process includes centralised web platform, new forms and guidelines, and a commitment to established timeframes
MFSA Financial Crime Compliance Head toasts improvements in AML/CFT control framework
AML/CFT full-scope examination capacity increased from 25 in 2019 to 81 in 2020
EU co-legislators reach agreement on country-by-country reporting by multinationals
'Aggressive' tax planning and avoidance is thought to deprive the EU of more than €50 billion annually
Malta’s AML/CFT regulations updated with changes to FIAU fine structure
The new rules follow court challenges to imposed penalties